KONE from Finland and Vietnamese Thien Nam join hand together in escalator and elevator business in Vietnam and plan to deepen their cooperation in the future as the Vietnamese market for elevators and escalators is growing rapidly, especially in Hanoi and Ho Chi Minh City.
In addition to locally finance residential and infrastructure developments, foreign companies are increasingly investing in Vietnam. The demand for elevators and escalators is expected to continue increasing.
“We are pleased to start cooperation with KONE. Demand for machine-room-less elevators has continuously increased in Vietnam, and the KONE MonoSpace(R) machine-room-less elevator is an excellent solution to meet this demand,” says Tran Tho Huy, Chairman and CEO of Thien Nam.
“In the recent years, we have been looking for ways to expand our presence in Vietnam,” comments Thomas Hietto, Managing Director of KONE Asia South.
“Thien Nam is an experienced market leader with a well-established brand and presence. By combining our strengths, we can provide our customers with improved service in this exciting market.” Hietto stated.
Thien Nam’s head office and factory are located in Ho Chi Minh City, and it has an extensive sales and service network throughout Vietnam. The company also exports to Cambodia.
